China's domestic smartphone makers continue to battle foreign rivals as they post bigger market shares in the second quarter of this year, industry statistics show.
Chinese brand Xiaomi sold more smartphones than any other producer in the country in the second quarter, garnering a market share of 18 percent, according to latest figures from market researcher IHS Technology.
Huawei and Vivo, both home-grown brands, took 16 percent and 10 percent market share respectively, ranking second and fourth place.
Apple took third with a market share of 12 percent, while Samsung fell from fourth to fifth place with 9 percent.
Analysts attributed the domestic ascent to their improved designs and innovative technology.
However, as the overall smartphone market slows, Chinese producers will have to explore emerging overseas markets, according to a report by technology research firm Gartner.
Xiaomi has had a successful run in Asian markets such as India and is looking to expand its foothold in Brazil.
Huawei is also speeding investment abroad, with its smartphone sales in several overseas regions, including Europe, surging over 40 percent in the first half.
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:59 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 16:57 2018 Wednesday ,31 October
Putin to discuss relations development prospectsGMT 16:04 2018 Monday ,29 October
Russian, Cuban presidents to discuss strategic partnershipGMT 12:57 2018 Saturday ,27 October
"Undeclared war" forces Russia to boost defense spendingGMT 15:45 2018 Friday ,26 October
Medvedev to represent Russia at upcoming APEC summitGMT 14:12 2018 Thursday ,25 October
Saudi Arabia plans to invest in Russian-Chinese Fund soonMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor